Active Public Policy

The UK Government are undertaking a Pensions Investment Review focusing on DC workplace schemes and Local Government Pension Schemes. They published an interim report in November 2024. AREF's responses to a call for evidence and consultations relating to this review can be found here.

Click here to learn more about regulation and guidance in relation to the Long-Term Asset Fund (LTAF) including the recent updates to the NURS second scheme rules to facilitate LTAF investment. The model LTAF Instrument of Incorporation and model LTAF Co-Ownership Deed for ACS can be found here.

Click here to see AREF's responses to the UK Government's Green Paper on their Industrial Strategy for the next 10 years and HM Treasury's Call for Evidence for the Government's Financial Services Growth & Competitiveness Strategy.

Find out more here about the FCA's Sustainability Disclosure Requirements (SDR) and investment labels regime.

The Law Commission are reviewing Part 2 of the Landlord and Tenant Act 1954 with a view to modernise commercial leasehold legislation. They have published their initial consultation on this which considers the right to renew business tenancies. More details can be found here.

HM Treasury are gathering views on the value case for a UK Green Taxonomy until 6 February 2025. More details can be found here.

The Financial Reporting Council have launched a consultation on significant updates to the UK Stewardship Code. Find out more about the consultation and the UK Stewardship Code here.

IOSCO have published a consultation on revised Recommendations for Liquidity Risk Management for Collective Investment Schemes. Alongside this, they are consulting on Guidance for Open-ended Funds for Effective Implementation of the Recommendations for Liquidity Risk Management.